Alcoa Co. (NYSE:AA) Expected to Earn FY2025 Earnings of $1.88 Per Share

Alcoa Co. (NYSE:AA) – Equities research analysts at B. Riley upped their FY2025 earnings per share estimates for Alcoa in a report released on Tuesday, September 17th. B. Riley analyst L. Pipes now anticipates that the industrial products company will post earnings per share of $1.88 for the year, up from their prior estimate of $1.31. B. Riley currently has a “Neutral” rating and a $41.00 price target on the stock. The consensus estimate for Alcoa’s current full-year earnings is $0.70 per share. B. Riley also issued estimates for Alcoa’s FY2026 earnings at $2.43 EPS.

A number of other brokerages also recently issued reports on AA. Morgan Stanley reduced their price objective on shares of Alcoa from $50.00 to $48.00 and set an “overweight” rating for the company in a research report on Monday, July 22nd. StockNews.com cut Alcoa from a “hold” rating to a “sell” rating in a report on Friday. Wolfe Research raised shares of Alcoa from a “peer perform” rating to an “outperform” rating and set a $36.00 price target on the stock in a report on Wednesday, September 4th. B. Riley Financial reaffirmed a “neutral” rating and issued a $41.00 target price on shares of Alcoa in a research note on Tuesday, September 17th. Finally, Bank of America cut their price objective on Alcoa from $46.00 to $43.00 and set a “neutral” rating for the company in a report on Thursday, July 18th. One analyst has rated the stock with a sell rating, six have given a hold rating and five have issued a buy rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of “Hold” and an average price target of $40.45.

Alcoa Stock Down 3.1 %

AA stock opened at $33.83 on Friday. The company has a debt-to-equity ratio of 0.46, a quick ratio of 0.92 and a current ratio of 1.55. Alcoa has a fifty-two week low of $23.07 and a fifty-two week high of $45.48. The stock’s 50 day simple moving average is $32.51 and its 200 day simple moving average is $35.71. The company has a market cap of $6.07 billion, a P/E ratio of -9.00 and a beta of 2.42.

Alcoa (NYSE:AA) last posted its quarterly earnings data on Wednesday, July 17th. The industrial products company reported $0.16 earnings per share for the quarter, beating analysts’ consensus estimates of $0.11 by $0.05. Alcoa had a negative return on equity of 7.29% and a negative net margin of 5.14%. The business had revenue of $2.91 billion during the quarter, compared to the consensus estimate of $2.84 billion. During the same period in the prior year, the business posted ($0.35) earnings per share. Alcoa’s quarterly revenue was up 8.3% on a year-over-year basis.

Institutional Trading of Alcoa

Several institutional investors and hedge funds have recently modified their holdings of the stock. Newbridge Financial Services Group Inc. purchased a new stake in shares of Alcoa during the 2nd quarter worth $27,000. Scarborough Advisors LLC purchased a new stake in shares of Alcoa during the fourth quarter valued at about $39,000. Quest Partners LLC bought a new stake in shares of Alcoa in the 4th quarter valued at about $40,000. Quadrant Capital Group LLC grew its position in shares of Alcoa by 56.0% in the 4th quarter. Quadrant Capital Group LLC now owns 1,605 shares of the industrial products company’s stock worth $55,000 after buying an additional 576 shares during the last quarter. Finally, Toronto Dominion Bank lifted its position in Alcoa by 1,501.9% during the first quarter. Toronto Dominion Bank now owns 1,698 shares of the industrial products company’s stock valued at $57,000 after acquiring an additional 1,592 shares during the last quarter. Institutional investors own 82.39% of the company’s stock.

Alcoa Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Thursday, August 29th. Stockholders of record on Monday, August 12th were given a dividend of $0.10 per share. The ex-dividend date of this dividend was Monday, August 12th. This represents a $0.40 annualized dividend and a dividend yield of 1.18%. Alcoa’s dividend payout ratio (DPR) is -10.64%.

Alcoa Company Profile

Alcoa Corporation, together with its subsidiaries, produces and sells bauxite, alumina, and aluminum products in the United States, Spain, Australia, Iceland, Norway, Brazil, Canada, and internationally. The company operates through two segments, Alumina and Aluminum. It engages in bauxite mining operations; and processes bauxite into alumina and sells it to customers who process it into industrial chemical products, as well as aluminum smelting and casting businesses.